Capital Expenditures for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current capital expenditures (TTM) is $4.50M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
QBTS
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.50M
YoY change
+83.4%
5Y CAGR
+37.4%
Peak year (2025)
$3.86M
Cumulative capital expenditures
$9.88M
CapEx history chart for D-Wave Quantum (QBTS) from 2020 to 2025
CapEx history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $3.86M | +83.4% | +$1.76M | ||
| 2024 | $2.11M | +234.3% | +$1.48M | ||
| 2023 | $630,000 | +26.5% | +$132,000 | ||
| 2022 | $498,000 | -75.1% | -$1.50M | ||
| 2021 | $2.00M | +153.4% | +$1.21M | ||
| 2020 | $789,000 | — | — |
CapEx values are taken from D-Wave Quantum's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, D-Wave Quantum (QBTS) reported capital expenditures of $3.86M – surged 83.4% year-over-year.
D-Wave Quantum capital expenditures has grown for 3 consecutive years, with a +37.4% compound annual growth rate over 2020–2025 (5 years).
The highest annual capital expenditures of $3.86M was reported in 2025. The lowest in the available history was $498,000 in 2022.
Within Technology, D-Wave Quantum (QBTS) ranks 9th among 8 peers we track. The peer median for capital expenditures is $9.38B.
D-Wave Quantum Capital Expenditures by Year
D-Wave Quantum Capital Expenditures 2025: $3.86M
D-Wave Quantum capital expenditures in 2025 was $3.86M, surged 83.4% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Capital Expenditures 2024: $2.11M
D-Wave Quantum capital expenditures in 2024 was $2.11M, surged 234.3% from 2023.
D-Wave Quantum Capital Expenditures 2023: $630,000
D-Wave Quantum capital expenditures in 2023 was $630,000, grew 26.5% from 2022.
D-Wave Quantum Capital Expenditures 2022: $498,000
D-Wave Quantum capital expenditures in 2022 was $498,000, plunged 75.1% below 2021. This figure represents the lowest annual value in the available history.
D-Wave Quantum Capital Expenditures 2021: $2.00M
D-Wave Quantum capital expenditures in 2021 was $2.00M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — CapEx
Companies in the same sector as D-Wave Quantum, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| TSMC (TSM) | $1.29T | Technology |
| Microsoft (MSFT) | $64.55B | Technology |
| Micron Technology (MU) | $15.86B | Technology |
| Apple (AAPL) | $12.71B | Technology |
| NVIDIA (NVDA) | $6.04B | Technology |
| ASML (ASML) | $1.51B | Technology |
| AMD (AMD) | $974.00M | Technology |
| Broadcom (AVGO) | $623.00M | Technology |
Frequently asked questions
What is D-Wave Quantum's capital expenditures?
Latest reported capital expenditures for D-Wave Quantum (QBTS) is $4.50M (period ending March 31, 2026).
How has D-Wave Quantum capital expenditures changed year-over-year?
D-Wave Quantum (QBTS) capital expenditures changed +83.4% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum capital expenditures?
D-Wave Quantum (QBTS) capital expenditures compound annual growth rate is +37.4% over the most recent 5 years available.
When did D-Wave Quantum capital expenditures hit its highest annual value?
D-Wave Quantum capital expenditures reached its highest annual value of $3.86M in 2025.
What was D-Wave Quantum capital expenditures in 2024?
D-Wave Quantum (QBTS) capital expenditures in 2024 was $2.11M.
What was D-Wave Quantum capital expenditures in 2025?
D-Wave Quantum (QBTS) capital expenditures in 2025 was $3.86M.
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